UP Fintech (NASDAQ:TIGR - Get Free Report) posted its quarterly earnings results on Tuesday. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.11 by $0.06, RTT News reports. UP Fintech had a return on equity of 6.09% and a net margin of 9.14%. The business had revenue of $124.10 million for the quarter, compared to analyst estimates of $73.60 million.
UP Fintech Stock Performance
NASDAQ TIGR remained flat at $8.86 on Friday. The company's stock had a trading volume of 6,485,476 shares, compared to its average volume of 6,405,448. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.11 and a current ratio of 1.11. UP Fintech has a one year low of $3.10 and a one year high of $14.48. The company's 50-day moving average is $7.45 and its 200-day moving average is $6.66. The firm has a market capitalization of $1.64 billion, a PE ratio of 44.30 and a beta of 0.87.
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on TIGR shares. Citigroup raised UP Fintech from a "sell" rating to a "neutral" rating and upped their price target for the company from $5.80 to $9.50 in a report on Wednesday. Deutsche Bank Aktiengesellschaft started coverage on UP Fintech in a report on Thursday, January 2nd. They issued a "buy" rating and a $9.40 price target for the company. Finally, Bank of America started coverage on UP Fintech in a report on Monday, March 17th. They issued a "buy" rating for the company.
View Our Latest Report on UP Fintech
UP Fintech Company Profile
(
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UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors. The company has developed a brokerage platform, which allows investor to trade stocks, options, warrants, and other financial instruments that can be accessed through its APP and website. It offers brokerage and value-added services, including investor education, community engagement, and IR platform services.
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